Startups > Viamericas

Viamericas

Viamericas enables affordable international money transfers to 95 countries via agents and APIs.
Debt Financing $135M total Founded 1999 Bethesda, Maryland 370 employees
Viamericas is a money transfer and international payments platform serving migrant communities across 95 countries. The company operates a hybrid model combining thousands of U.S. agent locations with digital channels (Vianex API) to enable remittances, bill payments, check processing, and mobile top-ups. Viamericas differentiates through competitive pricing (up to 30% cheaper than competitors), access to 2,700+ banks and 107 mobile wallets globally, and focus on underserved Latin American and Caribbean corridors where it has grown from 5% to 10% market share in five years.
Problem solved
Migrant workers lack affordable, accessible ways to send money home, and financial institutions need partnerships to expand remittance services.
Target customer
Migrant workers and their families sending money to Latin America and the Caribbean; financial institutions and fintechs seeking remittance network access.
Website LinkedIn Crunchbase Twitter / X
Founders
P
Paul Dwyer
CEO & Co-Founder
Former partner at WilmerHale and Rogers & Wells specializing in Latin American financing; educated at Tufts, Fletcher School of Law and Diplomacy, and Harvard Law School.
J
Joseph Argilagos
Executive Chairman & Co-Founder
Co-founder of Viamericas, focused on company direction and strategy.
L
Lillian M. Argilagos
President, EVP & General Counsel, Co-Founder
Co-founder and legal leadership; oversees operations and compliance.
Funding history
Equity (early) $12.6M - $21.5M 2013-2020 Led by Global Brain, Hard Yaka · Unknown
PPP Loan $1.5M 2020 Led by U.S. Government · Unknown
Debt Financing $113.6M September 2025 Led by Old National Bank · Bank of Oklahoma Financial, Axos Bank, U.S. Bank
Total raised: $135M
Industries
Financial Services Transaction Processing
Pricing
Not publicly available. Company positions on competitive pricing and claims rates up to 30% lower than competitors.
Notable customers
Victoria Mutual Group (Jamaica), Bancolombia/Nequi (Colombia), Elektra and Banco Azteca (Mexico)
Integrations
Vianex API platform for remittance, bill pay, mobile top-up; partnerships with 2,700+ banks, 107 mobile wallets, Nequi (Colombia), Elektra and Banco Azteca (Mexico), Victoria Mutual Group (Jamaica)
Website
corporate.viamericas.com/
Competitors
Remitly
Larger market share (~23%) with stronger digital-first positioning; Viamericas differentiates through hybrid agent-digital model and lower pricing.
Western Union
Established incumbent with broader global footprint; Viamericas competes on pricing and focus on underserved migrant communities.
PayPal/Xoom
Integrated payments ecosystem; Viamericas specializes in remittance-specific services and agent networks.
MoneyGram
Legacy player with agent network; Viamericas differentiates through digital integration and competitive pricing.
Why this matters: Viamericas has quietly grown to 10% market share in the U.S.-Latin America remittance corridor by combining agent networks with digital APIs, positioning itself between legacy players (Western Union) and digital natives (Remitly). Its $113.6M debt financing round in September 2025 from major U.S. banks signals institutional confidence in the hybrid model and underscores the fintech maturation of the remittance space.
Best for: Migrants and their families seeking affordable international money transfers; financial institutions and fintechs needing remittance network access.
Use cases
International Remittances for Migrant Workers
A migrant worker in the U.S. needs to send money home to family in Mexico or Colombia. Viamericas enables cash pickup or bank deposit through thousands of agent locations at rates up to 30% cheaper than Western Union, with access to 2,700+ banks for deposit options.
Digital Bank Integration for Remittance Services
A regional bank in Colombia wants to offer remittance services without building infrastructure. Viamericas' Vianex API enables integration with global payout networks and digital wallets like Nequi, allowing customers to receive international transfers directly to mobile wallets with 26M+ users.
QR Code-Based Remittance Pickup
A retail partner in Mexico wants to offer remittance pickup services. Through Viamericas' partnership with Elektra and Banco Azteca, customers receive QR codes for faster, safer cash pickup at retail locations instead of traditional wire transfers.
Alternatives
Remitly Digital-first, consumer-focused remittance platform with larger market share; Viamericas differentiates through agent network and lower pricing.
Wise (TransferWise) Focused on mid-market and business international transfers with real exchange rates; Viamericas focuses on migrant remittances and smaller amounts.
Intermex Agent-based network similar to Viamericas; Viamericas differentiates through digital integration (Vianex API) and broader geographic coverage.
FAQ
What does Viamericas do? +
Viamericas is an international payments platform enabling money transfers, bill payments, check processing, and mobile top-ups to 95 countries. It operates through thousands of U.S. agent locations and digital channels (Vianex API), serving migrant communities seeking affordable remittance solutions.
How much does Viamericas cost? +
Pricing is not publicly available, but Viamericas positions itself as up to 30% cheaper than competitors with competitive exchange rates. Contact their sales team for specific rates.
What are alternatives to Viamericas? +
Top alternatives include Remitly (digital-first consumer platform), Western Union (established incumbent), PayPal/Xoom (integrated payments ecosystem), MoneyGram (legacy agent network), Wise (business-focused international transfers), and Intermex (agent-based competitor).
Who uses Viamericas? +
Migrant workers and their families sending money to Latin America and the Caribbean; financial institutions like Bancolombia and Victoria Mutual Group; retail partners like Elektra and Banco Azteca seeking to offer remittance services.
How does Viamericas compare to Remitly? +
Remitly has larger market share (~23% vs ~10%) and stronger digital-first positioning. Viamericas differentiates through a hybrid agent-digital model enabling cash pickup at thousands of locations, competitive pricing (up to 30% lower), and focus on underserved Latin American corridors.
Tags
remittances international payments money transfer migrant workers Latin America agent network bill pay mobile top-up